The St. Catharines development received more than $11 million in funding from the Government of Canada and Government of Ontario through the Investment in Affordable Housing agreement. Liberal MP Chris Bittle (St. Catharines, Ont.) along with Ontario MPP Nathalie Des Rosiers were on hand for the announcement. Alan Caslin, Chair of Niagara Regional Council, and Walter Sendzik, Mayor of … Read more
The governments of Canada and Manitoba are investing $1.2 million to help more Manitobans become homeowners through Habitat for Humanity’s Carter Work Project. Liberal MP Doug Eyolfson (Charleswood-St. James-Assiniboia-Headingley, Man.) and Manitoba Families Minister Scott Fielding announced funding today through the Investment in Affordable Housing extension agreement. “This announcement is truly unprecedented and demonstrates the Government of … Read more
According to a new Housing Market Insight report from the Canada Mortgage and Housing Corporation the share of foreign buyers in the Montréal residential market is increasing but remains low overall. After strong growth in 2016, the upward trend in foreign ownership was maintained over the first part of 2017 (January to April). About 235 foreign buyers were … Read more
Sacajawea Non-Profit Housing received $660,000 from the Canada-Ontario Investment in Affordable Housing agreement for the development of a six-unit apartment complex at 274 Main Street West in Hamilton. The full release is available online. Call 819-654-5546. The Val-d’Or Native Friendship Centre received just over $2 million in funding from the governments of Canada and Quebec under the Investment … Read more
The Governments of Canada and Alberta are investing approximately $11 million in the redevelopment of Vermilion Valley Lodge through the Investment in Affordable Housing Agreement. Along with government funding, Vermilion and District Housing Foundation will provide close to $2.5 million to the project. The full release is available online. Call 819-654-5546. Chris Ballard, Ontario’s Minister of … Read more
To mark the grand opening of Park Manor, Families, Children and Social Development Minister Jean-Yves Duclos (Québec, Que.) and Manitoba Families Minister Scott Fielding highlighted the $1.15 million joint federal-provincial contribution to the facility under the Investment in Affordable Housing agreement. “Our Government recognizes the importance of caring for our aging citizens and is committed to helping seniors … Read more
The Canada Mortgage and Housing Corporation new report, Homeowners’ Debt at a Glance, finds that in spite of continued concerns regarding household debt in Canada, signs of stress on the mortgage market remain muted with consistently low mortgage delinquency rates. This analysis a series of “quick-read” analyses of consumer credit data from the credit reporting agency Equifax focused on homeowners, mortgage … Read more
The Government of Canada and the Province of Saskatchewan have provided a combined investment of over $7 million to support various housing initiatives in the communities of La Loche, Ile-a-la-Crosse, La Ronge and Pinehouse Lake. Public Safety Minister Ralph Goodale (Regina-Wascana, Sask.) and Tina Beaudry-Mellor, Minister of Social Services and Minister Responsible for the Saskatchewan Housing Corporation, made … Read more
Families, Children and Social Development Minister Jean-Yves Duclos (Québec, Que.) announced that nine social housing projects in Quebec City now have funding to complete the necessary renovations and repairs to their properties. They will benefit from a contribution of more than $520,000. The full release is available online. Call 819-654-5546. The trend in housing starts was 214,621 … Read more
Canada Mortgage and Housing Corporation released its annual Mortgage Consumer Survey. The largest survey of its kind, the Mortgage Consumer Survey provides insights into the behaviours, attitudes and expectations of Canadians when acquiring, renewing or refinancing a mortgage. “Relationships and referrals are a very important part of the mortgage lending industry” said Nathalie Fredette, Vice-President, Client … Read more
